Crude oil price rallied upwards to confirm breaching 67.40 after closing the daily candlestick above it, which leads the price to achieve more expected gains in the upcoming sessions, on its way to visit 69.25 level initially.
Therefore, the bullish bias will be suggested for today, and breaching the targeted level will extend the bullish wave to reach 71.05 as a next station, while breaking 67.40 represents negative factor that will press on the price to activate the bearish track again.
The expected trading range for today is between 66.50 support and 69.50 resistance.
The expected trend for today: Bullish